A 10% price movement in Solana (SOL) could lead to significant liquidations in leveraged positions, according to a ChainCatcher report. Coin Bureau highlighted on the X platform that a 10% increase in SOL's price could result in the liquidation of $217 million in short positions. Conversely, a 10% decrease could put $183 million in long positions at risk. SOL is currently trading around $132, with a high concentration of leveraged positions on both sides.
SOL Price Volatility Could Trigger $400M in Liquidations
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